Indian construction and infrastructure pioneer, IRB Infrastructure Developers has been granted the permission for infrastructure investment trusts (InvITs) by Securities and Exchange Board of India (SEBI). It is after a period of two years since the issuing of infrastructure investment trusts (InvITs) guidelines by SEBI that it finally granted permission to launch the trusts. Apart […]
Realty firms to opt for trusts in Singapore or IPOs in India if Reits don’t take off
If real estate investment trusts (Reits) do not become a viable option in the country in a year or two, say investment bankers and tax experts, property developers are likely to explore an initial public offer (IPO) here or floating of business trusts in Singapore. Reits are considered ideal exit options for developers with a […]